Australian business may from time to time need access to extra funds to face temporary cash-flow difficulties. Business line of credit is a finance product that could be useful in this case.
A business line of credit helps a business to be back on track.
- From $5k – $100k
- No minimum amount
- Flexible term
- Interest-only on the amount draw down
- Set up within 1-2 days
- Product approval lasts for 12 months before reassessment is required